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| Sarah Godwin |
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| Chris Norvell |
CHARLOTTE, NC – Jan. 4, 2018 – Holliday Fenoglio
Fowler, L.P. (HFF) announces the $1.467 million sale of an 18.34-acre land
parcel within The Park – Huntersville, a master-planned
development in the North Charlotte-area community of Huntersville, North
Carolina.
HFF marketed the property on behalf of the seller, Bank
of America, N.A., as Trustee for the Bank of America Pension Plan,
and Scannell Properties purchased the asset.
Scannell plans to develop an approximately
150,000-square-foot industrial flex building on the site. Earlier in
2017, Scannell purchased the adjacent 21.91-acre site from the seller to
develop an R&D and manufacturing facility. This is the third land
parcel that HFF has sold within The Park – Huntersville during 2017, for a
total of 34.34 acres.
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| Ryan Clutter |
Notable employers within
The Park – Huntersville include Novant Health, Forbo Siegling, Joe Gibbs
Racing, American Tire, General Motors Financial, Kellogg and Max Daetwyler
Corporation.
Located immediately
off the Gilead Road exit of Interstate 77, the Charlotte region’s critical
north-south connector, The Park – Huntersville provides access to Uptown
Charlotte, the UNC-Charlotte/University City area and executive housing in the
sought-after Lake Norman area.
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| Justin Good |
Holliday Fenoglio Fowler, L.P. acting by and through
Holliday GP Corp, a North Carolina licensed real estate broker.
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